Replies to post #782065 on Fannie Mae-No Politics (FNMA)

[jcromeenes]

"Ultimately the best thing we have going for us is that FNMA and FMCC are one of the most profitable financial companies in the world"
Also goes against us as the Government sees us as their Golden Goose and don't want to let us go. Sad when your Government is your enemy. Makes us feel very 3rd world.

[kthomp19]

I have been holding since May of 2008 when I bought FNMAT on the new issue at $ 25. The reason the JPS is trading at 10ct on dollar is that we have been screwed for over 15 years and screwed before the Conservatorship also.

You really did get screwed by the conservatorships, unlike people who bought their shares after conservatorship started.

The same with the NWS: anyone who owned shares on the date of the NWS got screwed by it. Anyone who bought afterward didn't. Period.